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Kenneth Kremsky Presented Financial Analysis for the Kraft Austerity Team as Finance Lead

Kenneth Kremsky, a former finance lead, presented financial analysis for the Kraft Austerity Team with the aim of lowering raw and packaging material losses by 5% and lowering fixed expenditures by 15%, which was accomplished.

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Kenneth Kremsky Presented Financial Analysis for the Kraft Austerity Team as Finance Lead

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  1. Kenneth Kremsky Presented Financial Analysis for the Kraft Austerity Team as Finance Lead Kenneth Kremsky, a former finance lead, presented financial analysis for the Kraft Austerity Team with the aim of lowering raw material and packaging material losses by 5% and lowering fixed expenditures by 15%, which was accomplished. He created a daily management review procedure that produced reports for analyzing differences in the outcomes from the previous day. Moreover, he created weekly reports to analyze fixed labor and maintenance costs. Being a certified Lean Six Sigma Black Belt has given Kenneth the ability to assist firms in streamlining processes and concentrating on areas that need development. Black Belt typically exhibits team leadership, is aware of the dynamics of the team, and gives tasks and duties to team members. He is reputed to understand the fundamentals of lean enterprise principles. In East Hanover, New Jersey, Kenneth Kremsky worked as the Senior Manager of Finance and Strategic Programs for Mondelez International. These initiatives were in charge of organizing and carrying out major initiatives that were seen to be of crucial relevance. Here, he placed a lot of emphasis on establishing projects to streamline processes across all North American operations. Kenneth, a strategic finance executive in high demand, has over 22 years of expertise in both corporate and field manufacturing. The main goal of the financial activities is often cost reduction, which includes lowering labor costs, IT expenses, and if feasible, freezing spending. By first creating a thorough flowchart for each manufacturing line and finding opportunities for improvement in relation to manpower, raw materials, and packaging waste material, Kenneth may apply his techniques in as little as one week. Kenneth is currently working as a consultant for a private equity firm in Pennsylvania. Here, he implements the new ERP accounting software and facilitates A2R process for the acquisition of the company.

  2. From 2005 until 2012, Kenneth Kremsky served as the Controller and Strategy Analysis Manager at Kraft Foods Group. He was in charge of overseeing all accounting operations for the plant there, which included creating the yearly operating budget, making sure Sarbanes Oxley compliance was met, and managing internal and external audits. Pertaining to his educational qualifications, Kenneth holds a bachelor's degree in accounting from Penn State University with 3.8 GPA out of 4. Also, he has a Master of Business Administration from La Salle University with 3.9 GPA out of 4.

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